Good and bad news | 15 February 2021

15 February 2021, USD/JPY

Good and bad news

USDJPY trading plan:

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.36% to 20.11 a new 6-months low. This factor indicates the continuation of the uptrend in the US stock market, which will have a positive impact on the value of USDJPY, since the assets are correlated with each other. The US Federal Reserve has published fresh statistics on the change in assets on the balance sheet. Assets increased by $31.6 billion over the past week, against $5.6 billion a week earlier. The growth rate accelerated due to a significant increase in purchases of treasury and mortgage bonds. This is a negative signal for the dollar!

Investment idea: range 104.75 -105.45.

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus